Singaporean Admits Role in $245M US Crypto Heist
The Spin
Republican narrative
Lam's conviction proves that if you build a cybercrime empire, be prepared to pay the consequences. The FBI and IRS-CI under this administration will not rest until these operations are dismantled and their ringleaders brought to justice, no matter where they hide. Those who profit by preying on others should rest assured that they will be next.
Democratic narrative
These are exactly the sorts of crimes that the Trump administration has left the American people more vulnerable to. By recklessly gutting watchdogs and federal agencies, the White House has removed layers of protection and monitoring that stopped these threats in their tracks, turning the country into open season for scammers, big and small.
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